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Angela Merkel - Trouble Ahead for Germany’s Euro Chancellor?

July 6, 2012

At the beginning of the euro crisis, German Chancellor Angela Merkel decided to bide her time before taking action. Then she took the route of austerity, garnering criticism from many European politicians.

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This gained Merkel a reputation for stinginess. But in the past few weeks, the chancellor has had to reach many compromises that were probably not easy for her to swallow.